Headlines
Increasing Taxes to Make up Funding Shortfalls
There are many reform proposals going around and some gaining traction within congress already on how best to fix Social Security. In its current state, Social Security would run out of money in its reserves by 2034. One obvious solution…
How Social Security Taxes Work
Taxes are taken out of every paycheck in order to fund both Social Security and Medicare. These deductions are labeled FICA and are a shared tax between employees and employers. When paying these taxes you earn credits towards Social Security,…
Understanding Benefits Available to Those Who Need them
Barby Ingle, Columnist for painnewsnetwork.org, sends a reminder message to people who have a legitimate need for government services. Her message is that everyone needs to be aware of what’s available and where to go for information, with a focus on…
More on the Benefits of Delaying Social Security Benefits
Despite the persistent pessimism espoused in many retirement planning articles, there are steps you can take to help ensure a comfortable retirement. Star Tribune columnist Chris Farrell, citing financial statistics published by Fidelity, provides some quantification to the impact that…
Lifetime of Social Security
As of August 1st the Social Security Disability Insurance Program has been active for 60 years. This program has been a staple of the system as a whole for the entire time. The disability insurance program helps all those eligible…
The Social Security Texting Debacle
Earlier this month the Social Security Administration instated a policy that required the use of text messaging in order to log in to Social Security accounts online. They have since repealed this requirement due to immense outcry. The policy was…
Current Candidates and Social Security
The discussion on Social Security has been happening everywhere but where it matters most. The candidates have yet to fully lay out what exactly they support as far as reforms or proposals for the system. Each party has their slate of…
The Future of Social Security
There has been much talk on the solvency of the Social Security program since the 2016 Trustee Reports was issued in June. This Repoprt showed that currently Social Security is taking in enough money to cover its expenses until 2019.…
My Social Security Goes Back on Texting
Texting is no longer required in order to use online Social Security accounts due to a huge amount of backlash by seniors. Two step authentication is still optional for those that would like to take advantage of the extra security.…
AMAC Foundation Expands Social Security Advisory Services
The AMAC Foundation announced this week that four representatives have now earned certification as National Social Security Advisors, qualifying them to counsel retirees and pre-retirees on questions and issues pertaining to Social Security. The training preceding the qualification exam equips…